Legislation

ITAA 1997 s of the distributable income of a trust estate to the extent that they are matched by notional expense amounts, that is, amounts that are deductible but which do not represent a depletion of the trust estate (or which represent depletions that are coupled with corresponding accretions), for example, deductions for depreciation which may exceed any depletion of the trust estate, a deduction for a LIC capital gain under section 115-280

ATO documents that consider ITAA 1997 s of the distributable income of a trust estate to the extent that they are matched by notional expense amounts, that is, amounts that are deductible but which do not represent a depletion of the trust estate (or which represent depletions that are coupled with corresponding accretions), for example, deductions for depreciation which may exceed any depletion of the trust estate, a deduction for a LIC capital gain under section 115-280